Productivity increase in 1999
February 09, 2000
Productivity increased 2.9 percent in the nonfarm business sector during 1999, about the same as the 2.8 percent rise in 1998.
During 1999, output in nonfarm businesses rose 4.7 percent, and hours of all persons increased 1.7 percent. The increase in labor productivity in 1998 resulted from faster growth in both output and hours, 5.2 and 2.4 percent, respectively.
Unit labor costs in the nonfarm business sector grew 1.8 percent in 1999, slightly less than their 2.4-percent increase in 1998. This reflected, in part, an hourly compensation rise of 4.8 percent in 1999, compared with a 5.2 percent increase in 1998.
These data are a product of the BLS Quarterly Labor Productivityprogram. Data are subject to revision. Additional information is available in "Productivity and Costs, Fourth Quarter Measures, 1999," news release USDL 00-37.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity increase in 1999 on the Internet at https://www.bls.gov/opub/ted/2000/feb/wk2/art03.htm (visited September 25, 2017).
Recent editions of Spotlight on Statistics
Expenditures on Admissions to the Arts, Movies, Sporting Events, and Other Entertainment
A look at consumer spending and attendance at arts, sports, and entertainment events.
Profile of the labor force by educational attainment
A look at the educational attainment of the U.S. labor force and how it has changed over time.
Women in the workforce before, during, and after the Great Recession
A look at trends and projections in the labor force participation of women from the 1950s to 2024.
Employer-sponsored healthcare coverage across wage groups
A look at the relationship between employee wages and access to, participation in, and costs of employer-sponsored medical, dental, and vision care benefit plans.